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Bidding Tutorial
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New: Financing Now Available
Heritage now offers extended payment plan options up to 6 months to qualified, pre-approved clients on select items. See more details here.
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Bid Protection
Bid Protection allows you to ensure you are not outbid by automatically increasing your bid to the next full increment if you are outbid during the live event. This protects you from being "sniped" by a single increment. Bid Protection can be entered on all items except the current lot and the next upcoming lot in a Live Auction.
Note: The extra increment won't be placed until the item is up for live bidding, so it is possible that you could be outbid by a bid placed prior to live bidding, such as another proxy bid, live proxy bid, mail bid, etc., which could result in your losing the lot by that one increment. For the same reason, it is also possible that a currently losing bid with bid protection placed could potentially win the lot once the lot is subject to live bidding and the Bid Protection increment(s) is placed. |
Buyer's premium
A Buyer's Premium is charged in addition to the successful bid. The applicable Buyer's Premium for bids placed with Heritage for this Auctions is 25% on the first $1,000,000 (minimum $49), 20% of any amount between $1,000,000 and $5,000,000, and 15% of any amount over $5,000,000 per lot.. |
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Heritage Live! allows you to place late proxy bids and compete live against the auction floor from your PC or mobile device*. We recommend placing proxy bids before the live session in the unlikely event either side experiences technical problems during the auction.
Note: Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live now starts within 2 hours of when the auction opens for proxy bidding and continues through the live session. |
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